When a spouse is borrowing money and the wife must sign the mortgage does her name have to be on the warranty deed?
Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.Of course. She should be fully informed of the consequences of signing the mortgage and not being on the deed. If the wife signs the purchase money mortgage then her name should also be on the deed. She should not sign to be responsible for a debt for property she doesn't own.
Related Q&A:
Should you use a terminal value to valuate the collinsville plant purchase by Dixon corp?Well, that really depends on a bunch of factors, you know? Terminal value can be useful, but it's not always the be?all and end?all. You need to consider things like the future market conditions, the industry trends, and the specific details of the Collinsville plant. If there's a clear long?term outlook and stable cash flows, then maybe it makes sense to incorporate a terminal value. But if there's a lot of uncertainty or the plant's future is hard to predict, you might want to be cautious. It's not a simple yes or no answer, for sure!